GKP

Yes I do. Keep an eye on volume Richard. I would expect more than 20MM across a couple of days to indicate that a bottom might be forming.

Hi F4T

Do you still expect 60/61p to fall?

Thanks

Should start seeing some volume building as we near the 60/61 support. Short is certainly the play TF. 28% now for those that did so at 89/90!

Well i wanted to go short, but IG will not let me!
Not fair really, can be sure they would let me go long!

I was taking a look at GKP again, this has been in a falling channel since late Aug.
I think a break of this channel will see this tumble very quickly to the bottom of the bigger falling wedge @ 52p(ish)

The bottom of this small channel is @ 66p today (falling daily)
I intend to go short on the break of 66p today only.
uk.advfn.com/p.php?pid=chartscreenshotsh...o0A4=&symbol=L%5EGKP

This is the bigger wedge we have been in for some time.
uk.advfn.com/p.php?pid=chartscreenshotsh...0U%3D&symbol=L%5EASC

Regards,
trendfriend.

Thanks F4T, Remo, WS, always good to have healthy debate about gkp! ')